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, a former pentagon official said among our guests. we begin tonight with that triple digit rally on wall street. the market interpreted positive statements on a potential deal on the fiscal cliff by house speaker and rebounded from what had been a 112-point slide after the morning's opening bell. the dow jones industrials reversed, as i said, on the speaker's positive remarks and finished the session up 107 points. s&p up 11, nasdaq gained 24. all ten s&p 500 sectors moved higher on the day. that is the first time it has happened since october 4th. retailers drove the consumer discretionary sector energy industrials lead in the wake, and the rally started just minutes before house speaker made it clear that republicans are willing to deal on revenue and ready to find a resolution now. >> we all know that we have had this spending crisis coming at us like a freight train. it must be dealt with. and in order to try to come to an agreement, republicans are willing to put revenue on the table, but it is time for the president and democrats to get serious about the spending problem that our c
and shaped by general jones who has unique experience of serving in the pentagon and in the military and as the national security adviser to the president. he made a point that i was familiar with based on my experiences, that we had all these different agencies and departments and people all over the government as well as in the congress that had parts of the energy package but it never had a way to be brought together to take a look at what should be our energy policy and came up with this idea of the council which we are recommending where you pull all of the different departments chaired by the department of energy secretary, agencies, that will reach out to all the different interested parties to make sure their views are being taken into consideration. to do this quadrennial agency review somewhat similar to what they have done at the pentagon. it is very different from what they do at the pentagon. it is a technique that i have observed that works and is helpful for the department of the defense. talking about a strategy, a broader view, and then through the report get into th
to our pentagon correspondent barbara starr. barbara, what are you learning? >> well, wolf, north korea says it is pursuing trying to launch a satellite into space. but intelligence services around the world doubt that that is true. this satellite image of a north korean missile launch pad was just snapped in the last 24 hours. u.s. government officials and private experts say it shows the same types of preparations including trucks and fuel tanks not seen since april when a long-range missile failed seconds after launch. north korea claimed then it was just trying to launch a satellite. the new digital globe image and this one taken just days before don't yet show a missile. but with these kinds of preps, a launch could happen in about three weeks if a missile is put on the launch pad according to analysis by digital globe. north korea watchers say the new leader, kim jong-un may be responding to internal political pressure from hardliners. >> on the other hand, he may also want it himself. he may decide it's the right kind of provocation just before the south korean president election
government is money borrowed to sustain food stamps as well as the pentagon. we ought to be thinking of that in terms of our values and our future. let me speak to a couple of elements here that i think progressives should keep in mind. progressives cannot afford to stand on the sidelines in this fiscal cliff debate. important critical decisions will be made soon that will affect this country for 10 years. i think we need to be a part of this conversation. we need to be open to some topics and some issues that are painful and hard for us to talk about. we cannot stand by the sidelines in denial that this is ever going to engage us in the things we value. we cannot be so night -- not leave to believe that just taxing the rich will solve our problems. i believe that is an important part of a solution. we have to look to reform and change that is significant, that preserves many of the values and programs that brought us political life, and we cannot believe that merely ignoring these programs or not engaging will solve the problem. pick up any of the newspapers and look for the full-pa
Search Results 0 to 3 of about 4